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Notifications/Circulars

MahaRERA- Rescheduling of hearing due to Coronavirus epidemic

March 16, 2020 585 Views 0 comment Print

The Hearing of all cases before MahaRERA & Adjudicating Officers shall be adjourned till 31st March, 2020. The cases which are scheduled from 16th March 2020 till 31st March 2020 are being rescheduled due to pandemic of Coronavirus except the very urgent matters.

Implementation of UCC data for Disposal Process of Longstanding Containers

March 16, 2020 1191 Views 0 comment Print

It is made mandatory for all the CFS’s to fill the Checklist as per Checklist II attached hitherto, before Out of Charge for the Successful Bid in Auction (Under Section 48 of Customs Act, 1962) and the Disposal officer should ensure it.

Australian Dollar Rate for Customs with effect from 17.03.2020

March 16, 2020 561 Views 0 comment Print

Central Board of Indirect Taxes notifies Rate of exchange of one unit of Australian Dollar equivalent to Indian rupees with effect from 17th March, 2020 vide Notification No. 25/2020-Customs (N.T.) dated the 16th March, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 25/2020–Customs […]

COVID-19- Operational and Business Continuity Measures

March 16, 2020 1620 Views 0 comment Print

While the Government of India, in co-ordination with the state machineries, is already taking steps for preventing and controlling the local transmission of disease, further steps, including the indicative list presented below, are required to be taken by the respective banks/financial institutions as a part of their existing operational and business continuity plans

Issue Polite reminders for filing of GSTR-3B- CBIC Chairman

March 16, 2020 1518 Views 1 comment Print

M. Ajit Kumar, Chairman Of  CBIC has said that With due dates for filing of GSTR-3B fast approaching, I am sure that those of you on the GST side, would be in touch with the tax payers. Polite reminders would help their timely contribution to nation building by enabling the government to achieve its fiscal […]

Govt exempts foreign airlines from furnishing Form GSTR-9C

March 16, 2020 3534 Views 1 comment Print

Govt exempts foreign airlines from furnishing reconciliation Statement in Form GSTR-9C if they  have complied with the sub-rule (2) of rule 4 of the Companies (Registration of Foreign Companies) Rules, 2014 vide Notification No. 09/2020– Central Tax dated-16th March, 2020. Exemption from furnishing GSTR-9C:– The said persons shall not be required to furnish reconciliation statement […]

Recommendations of 39th GST Council Meeting on IT Roadmap

March 14, 2020 11856 Views 1 comment Print

Shri Nandan Nilekani would attend the next 3 meetings of the GST Council and update the council of the status of implementation of the decisions taken by the Council and assist the Council in taking appropriate decisions on technology related issues, 

Changes in GST rates on goods & services in 39th GST Council Meeting

March 14, 2020 15924 Views 1 comment Print

Council made the following recommendations:- To raise the GST rate on Mobile Phones and specified parts presently attracting 12% to 18%. To deliberate the issue of calibrating the rate in other items for removing inversion in future meetings with further consultation and examination of issue.

39th GST Council recommendations on Law & Procedures

March 14, 2020 43608 Views 3 comments Print

a. Interest for delay in payment of GST to be charged on the net cash tax liability w.e.f. 01.07.2017 (Law to be amended retrospectively). b. Where registrations have been cancelled till 14.03.2020, application for revocation of cancellation of registration can be filled up to 30.06.2020 (extension of period of application as one-time measure to facilitate those who want to conduct business).

Need to bring aviation turbine fuel under GST: Hardeep Singh Puri

March 14, 2020 705 Views 0 comment Print

We are at a point where we need to bring aviation turbine fuel under GST and by and large there is acknowledgement from across states to make it happen- Hardeep Singh Puri

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